Capt Bringdown
03-29-2011, 09:51 AM
Pentagon overpaid billionaire oil tycoon by up to $200 million (http://www.dailymail.co.uk/news/article-1367780/Pentagon-overpaid-billionaire-oil-tycoon-Harry-Sargeant-200m.html)
A Pentagon audit has revealed that the federal government overpaid a billionaire oilman up to $200million.
It also found that three contracts the Florida businessman won were awarded under conditions that effectively eliminated the other bidders.
Sargeant, a once prominent Republican donor, first faced scrutiny over his defence work in October 2008, when he was accused in a congressional probe of using his close relationship with Jordan’s royal family to secure exclusive rights over supply routes to U.S. bases in western Iraq.
A Pentagon audit has revealed that the federal government overpaid a billionaire oilman up to $200million.
It also found that three contracts the Florida businessman won were awarded under conditions that effectively eliminated the other bidders.
Sargeant, a once prominent Republican donor, first faced scrutiny over his defence work in October 2008, when he was accused in a congressional probe of using his close relationship with Jordan’s royal family to secure exclusive rights over supply routes to U.S. bases in western Iraq.